Updated
JSE:J150 - Closes above falling TL (4hr)
JSE:J150 - Golds finally break above the falling trend after 3rd attempt (5737)
Next test is 5793 (50 hr MA) then 6144
Gold spot needs to continue higher form these levels
Next test is 5793 (50 hr MA) then 6144
Gold spot needs to continue higher form these levels
Note
As highlighted in the original assessment, Gold prices needed to head higher but the opposite is trueSpot Gold is down 1% and the index down 4% (Intraday)
Likely downside target/support is 5227
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.